Geopolitical shifts set to boost Sabah’s industrial growth and benefit real estate sector
Minister highlights catalysts to Sabah’s property market, but experts point out issues that need to be noted to align with the progress.
Airbnb launches responsible hosting guideline for short-term rentals in Malaysia
The guide provides strata hosts, property managers, joint management bodies (JMB), management corporations (MC) and developers with a toolkit of resources to conduct short-term rentals responsibly in their apartment buildings and condominiums.
Courtyard by Marriott opens new hotel in KL
The 278-key hotel features standard and deluxe rooms, one-bedroom suites and presidential suites.
Malton and RHB collaborate to offer green home financing for River Park
Through RHB’s innovative Green Home Financing programme, River Park buyers can enjoy a loan margin of up to 95%, along with a 5% MRTA/MRTT/FEC (Mortgage Reducing Term Assurance/Mortgage Reducing Takaful Term/Finance Entry Cost).
After over a decade, LBS Bina exits investment in Zhuhai motor racing circuit for RM124.74 mil cash
LBS Bina said the proposed disposal would result in a pro-forma disposal gain of about RM80 million, improve its net asset by about 10%, and reduce its gearing from 0.
Binastra secures RM332m construction job in Kota Kinabalu
As of Jan 31 this year, Binastra had 15 ongoing construction projects, with an outstanding order book of RM1.
DONE DEAL: Office, Menara The Stride, Bukit Bintang City Centre, Kuala Lumpur
DONE DEAL: Terrace house, Bukit Jelutong, Selangor DONE DEAL: Semidee, Damansara Perdana, Selangor Around 61.
KTI Landmark to launch two residential projects in Sabah with GDV of RM600m by 2028
The two projects will provide earnings visibility of up to five financial years, the company noted.
UEM Sunrise sells remaining 40% stake in Johor unit to KLK for RM386.2 mil cash
UEM Sunrise is expected to recognise a net disposal gain of RM32 million.
Bursa Malaysia confirms in final talks to move its HQ to TRX
In a bourse filing on Tuesday, Bursa said it is likely to occupy two storeys of The Exchange 106 if the discussion with Mulia Property Development Sdn Bhd materialises.
